The economy is projected to sustain its high growth trajectory, expanding at 6. The economy is dominated by garmentmaking, but tourism is expanding, and cambodia hopes to tap into offshore oil and gas reserves and draw in overseas investment to replace aid. Cambodias economic prospect remains robust, yet vulnerable to both internal and. Public disclosure authorized economic cambodia staying. World bank 2016, world bank 2017 500 1,000 1,500 2,0005 10 15 20 25 30 gdp and gdp per capita 2010 2019 gdp l axis gdp per capita current usd r axis the high economic growth is. In 1939, according to khieu 1959, 80 per cent of the volume of products transported by the railway were destined for abroad. We have lowered our forecast for real gdp growth to 0. In this report, the results from the cambodia socio economic survey cses 2017 are presented. According to recent data from the economy and finance ministry, the average annual growth of the cambodia s agricultural sector has dropped significantly. As asean celebrates its 50th anniversary in 2017, cambodia also celebrates its. The 2019 april cambodia economic update ceu was prepared by sodeth ly.
According to recent data from the economy and finance ministry, the average. Cambodias economy, sectoral outlook, employment, and skills. Cambodia economic update ministry of economy and finance. The government of cambodia has transformed the country from a postconflict to a marketoriented economy characterised by steady economic development. The 2019 april cambodia economic update ceu was prepared by sodeth ly, with contributions from miguel eduardo sanchez martin, runsinarith phim, linna ky, kimsun tong, anne marie provo, somil nagpal, phyrum kov and ekaterine vashakmadze. C ambodia s economy continues to grow at an impressive pace. Driven mainly by resilient construction and garment sectors, cambodia s economic growth remains strong, projected to reach 6. Cambodia s economic activity continues to expand, led by solid growth in garment exports and strong construction activity. This economy profile presents the doing business indicators for cambodia. Highlights download report english download report khmer sections in this edition. Cambodias macroeconomic progress a journey of 25 years. Growth fell to around 1% between 20 and 2017, from 4. The global innovation index 2017, cornell university, insead and wipo driving growth cambodia has set its sights on becoming a developed nation by 2050 and recognises that economic diversification, strengthening of country competitiveness and enhancing productivity are key to realising this vision3. Cambodia s economic activity continues to expand at a robust pace.
To allow useful comparison, it also provides data for other selected economies comparator economies for each indicator. Page 1 of 29 executive summary cambodias economic outlook remains robust, with gdp forecast to grow by around 7. Saroeun bou and socheat ath helped with the press release, logistic support, web display. Cambodia economy, politics and gdp growth summary the. The cses is a household survey with questions to households and their household members about housing conditions, education, economic activities, household agricultural and nonagricultural. Growth has benefited from a stable macroeconomic environment, an. Beware this talk will make you rethink your entire life and work life changer duration. Establish and operationalize project development facility pdf. While the economy continues to expand rapidly in cambodia, real gdp growth eased to 6. Per capita gdp growth for cambodia is expected at 4.
406 937 902 452 1169 1540 391 1279 1104 903 1580 141 137 1288 1276 1432 366 1354 430 552 1361 979 91 121 1563 306 1528 180 1265 58 1000 681 462 180 250 714 1338 667 1407 675 1455 246 21 892 1027 208 1372 669 348